Reverse

Obverse

Latvia · 100th anniversary of the recognition of the Republic of Latvia
Issue date20 Jan 2021
Total mintage412,000
EU maximum412,000
Editions3
Edge letteringDIEVS ★ SVĒTĪ ★ LATVIJU
Inscription100 Latvija de iure 2021 / LATVIJA / 2021
DesignerZane Ernštreite
mintStaatliche Münzen Baden-Württemberg
Issue occasion
The coin commemorates the 100th anniversary of the recognition of Latvia under international law on 26 January 1921, after the country had declared its independence on 18 November 1918. The design features the ornate inscription “100 Latvija de iure 2021” with the country name “LATVIJA” and the year of issue.
The design
On 26 January 1921, Latvian diplomacy succeeded in securing the country’s recognition under international law by the major international powers. Latvia declared independence on 18 November 1918, but the country was not recognized until 1920, following unrest.
The coin’s design features the artistic inscription “100 Latvija de iure 2021”, thereby also showing the country’s name (LATVIJA) and the year of issue (2021).
The twelve stars of the European flag are depicted on the coin’s outer ring.
The coin’s design features the artistic inscription “100 Latvija de iure 2021”, thereby also showing the country’s name (LATVIJA) and the year of issue (2021).
The twelve stars of the European flag are depicted on the coin’s outer ring.
Background on the topic
The emergence of the Latvian state was connected with the collapse of the Russian Empire and the consequences of the First World War. The territory of Latvia was a theatre of war and was simultaneously contested by various political and military forces. The provisional government under Kārlis Ulmanis had to assert itself against Bolshevik troops, Baltic German formations and the so-called West Russian Liberation Army under Pawel Bermondt-Awaloff. Only after the end of the Latvian War of Independence was the government able to largely control its state territory.
Another step was the peace treaty with Soviet Russia of 1920. In it, Russia renounced its claims to rule over Latvia. The Western Allied powers of the First World War initially hesitated to grant definitive recognition. One reason was the unresolved future of Russia during the civil war: parts of Allied policy at times hoped for the restoration of a non-Bolshevik Russian state and did not want to anticipate its possible territorial claims.
The term “de jure” denotes the full legal recognition of a state. It differs from mere recognition “de facto”, in which a state is treated as an actually existing political order, but its legal status has not yet been conclusively recognized. De jure recognition made it easier for Latvia to establish regular diplomatic relations. Later that same year, the country was admitted to the League of Nations (Völkerbund).
The legal concept of state continuity later acquired additional significance. After the Soviet occupation and incorporation of Latvia in 1940, several Western states did not legally recognize this annexation. Latvian diplomatic missions were therefore able to continue operating in part. When state independence was restored in 1991, Latvia invoked the fact that the republic had continued to exist in law. The coin’s theme thus refers not only to a diplomatic process of the interwar period, but also to a foundation of the modern Latvian understanding of the state.
Another step was the peace treaty with Soviet Russia of 1920. In it, Russia renounced its claims to rule over Latvia. The Western Allied powers of the First World War initially hesitated to grant definitive recognition. One reason was the unresolved future of Russia during the civil war: parts of Allied policy at times hoped for the restoration of a non-Bolshevik Russian state and did not want to anticipate its possible territorial claims.
The term “de jure” denotes the full legal recognition of a state. It differs from mere recognition “de facto”, in which a state is treated as an actually existing political order, but its legal status has not yet been conclusively recognized. De jure recognition made it easier for Latvia to establish regular diplomatic relations. Later that same year, the country was admitted to the League of Nations (Völkerbund).
The legal concept of state continuity later acquired additional significance. After the Soviet occupation and incorporation of Latvia in 1940, several Western states did not legally recognize this annexation. Latvian diplomatic missions were therefore able to continue operating in part. When state independence was restored in 1991, Latvia invoked the fact that the republic had continued to exist in law. The coin’s theme thus refers not only to a diplomatic process of the interwar period, but also to a foundation of the modern Latvian understanding of the state.
eBay price analysis
For this issue, there is a price history based on actual eBay sales – with median, range and number of sales
View price analysis2 Euro BU – Single page
- Mintage
- 400,000
- Market price
- €4.50
- Edge lettering
- DIEVS ★ SVĒTĪ ★ LATVIJU
Mintage by issue type
BU
400,000
Coincard
5,000
Coin set
7,000
More editions
2Official issue prices
2021 · Coincard: €7.90
2021 · BU Mint Set: €25.00



